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(96% Scored) CLGOO1O DoD Governmentwide Commercial Purchase Card Overview $5.89   Add to cart

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(96% Scored) CLGOO1O DoD Governmentwide Commercial Purchase Card Overview

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96% CLGOO1O DoD Governmentwide Commercial Purchase Card Overview 1. Failure to certify a Managing Account Billing Statement in a timely manner results in what three things? 2. The Governmentwide Commercial Purchase Card __ used as the method of payment for commercial training requests using ...

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  • April 12, 2022
  • 3
  • 2021/2022
  • Exam (elaborations)
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96% CLGOO1O DoD Governmentwide Commercial Purchase Card Overview

1. Failure to certify a Managing Account Billing Statement in a timely manner results in
what three things?
✅- Disruption to Government Purchases Interest penalties Automatic suspension of
accounts

2. The Governmentwide Commercial Purchase Card __ used as the method of payment for
commercial training requests using the SF-182 valued at or below $25000 in lieu of an
employee reimbursement by miscellaneous payment.
✅- must be

3. What is the first step to follow when a Card holder becomes aware of a lost or stolen card
or check?
✅- Notify all affected parties.

4. Which two statements about Managing Accounts are true?
✅- Require a Primary Approving/Billing Official Are used to roll up Cardholder accounts

5. Which of the Governmentwide Commercial Purchase card Program's mandatory
oversight procedures involves the Approving/Billing Official documenting findings and
disciplinary category determinations?
✅- Daily Data Mining Case Reviews

6. Cardholders who hold an Ordering Officer delegation must follow Component
procedures for order placement. These procedures will address requirements related to
which three of the following?
✅- Competition Public notification Small business

7. If required office paper is available from a mandatory source of supply (such as the
Committee for Purchase from People Who Are Blind or Severely Disabled) the Card holder
must purchase the paper from the mandatory source even if similar paper is available at a
lower price from a non-mandatory source.
✅- True

8. Which three of the following statements about convenience checks are true?
✅- Convenience checks must be secured in a locked container. Funds must be available to
cover the check value and the bank's processing fee. The Cardholder can request that the
bank. "stop payment· on a check.

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